Employers Holdings, Inc.

EIG

EIGEmployers Holdings, Inc. US flag

New York Stock Exchange

48.18

USD

+1.66

- -

1.07BMarket Cap

Income Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Sales/Revenue/Turnover	464	579	724	774	752	780	799	800	836	711	703	714	851	881	859
+ Sales & Services Revenue	464	579	724	774	752	780	799	800	836	711	703	714	851	881	859
- Cost of Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Profit	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Selling, General & Admin	46	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	-46	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Non-Operating (Income) Loss	-47	-98	-53	-107	-99	-141	-144	-170	-194	-148	-147	-56	-148	-147	-12
+ Interest Expense, Net	4	4	3	3	3	2	1	2	1	- -	- -	4	6	- -	- -
+ Interest Expense	4	4	3	3	3	2	1	2	1	- -	- -	4	6	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-50	-101	-56	-110	-102	-142	-145	-171	-194	-148	-148	-59	-154	-147	-12
Pretax Income	47	98	53	107	99	141	144	170	194	148	147	56	148	147	12
- Income Tax Expense (Benefit)	-2	-9	-11	6	5	34	43	28	37	28	28	7	30	28	1
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	49	107	64	101	94	107	101	141	157	120	119	48	118	119	11
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	49	107	64	101	94	107	101	141	157	120	119	48	118	119	11
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	49	107	64	101	94	107	101	141	157	120	119	48	118	119	11
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	49	107	64	101	94	107	101	141	157	120	119	48	118	119	11
EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITA	-6	-6	-6	-7	-8	-8	-8	-6	-9	-8	-7	-5	-5	-4	-4
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Profit Margin (%)	10.48	18.46	8.82	13.02	12.55	13.68	12.66	17.65	18.79	16.84	16.97	6.78	13.88	13.47	1.26
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.24	0.24	0.24	0.24	0.24	0.35	0.61	0.81	0.88	1.02	1.03	3.28	1.13	1.21	1.28
Depreciation Expense	6	6	6	7	8	8	8	6	9	8	7	5	5	4	4
Basic Weighted Avg Shares	37	31	31	32	32	32	33	33	32	30	28	28	26	25	23
Basic EPS, GAAP	1.3	3.4	2.05	3.19	2.94	3.29	3.11	4.3	4.89	4.01	4.22	1.76	4.48	4.73	0.46
Basic EPS from Cont Ops	1.3	3.4	2.05	3.19	2.94	3.29	3.11	4.3	4.89	4.01	4.22	1.76	4.48	4.73	0.46
Diluted Weighted Avg Shares	37	32	32	32	33	33	33	33	33	30	29	28	27	25	24
Diluted EPS, GAAP	1.3	3.37	2	3.14	2.9	3.24	3.06	4.24	4.83	3.97	4.17	1.75	4.45	4.71	0.46
Diluted EPS from Cont Ops	1.3	3.37	2	3.14	2.9	3.24	3.06	4.24	4.83	3.97	4.17	1.75	4.45	4.71	0.46

Balance Sheet (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Current Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash, Cash Equivalents & STI	2,105	2,165	2,379	2,379	2,345	2,428	2,541	2,623	2,641	2,666	2,428	2,395	2,196	2,166	1,205
+ Cash & Cash Equivalents	252	141	35	104	57	67	73	101	155	160	75	89	226	68	160
+ ST Investments	1,853	2,024	2,345	2,276	2,288	2,360	2,467	2,521	2,486	2,506	2,353	2,305	1,969	2,098	1,045
+ Accounts & Notes Receiv	1,118	1,057	1,055	1,002	966	924	902	876	839	750	742	771	807	784	743
+ Accounts Receivable, Net	1,112	1,038	1,030	976	937	893	871	844	825	736	728	757	793	779	727
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	6	19	25	26	29	31	31	32	13	13	14	14	14	5	16
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-3,223	-3,222	-3,435	-3,382	-3,311	-3,352	-3,443	-3,499	-3,479	-3,416	-3,171	-3,166	-3,003	-2,950	-1,948
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Property, Plant & Equip	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments & Receivables	1,951	2,150	2,345	2,448	2,487	2,553	2,678	2,728	2,749	2,721	2,698	2,509	2,187	2,357	2,242
+ LT Investments	1,951	2,150	2,345	2,448	2,487	2,553	2,678	2,728	2,749	2,721	2,698	2,509	2,187	2,357	2,242
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	-1,951	-2,150	-2,345	-2,448	-2,487	-2,553	-2,678	-2,728	-2,749	-2,721	-2,698	-2,509	-2,187	-2,357	-2,242
+ Total Intangible Assets	48	47	46	45	45	44	44	44	50	50	50	50	50	50	50
+ Goodwill	36	36	36	36	36	36	36	36	36	36	36	36	36	36	36
+ Other Intangible Assets	12	11	10	9	8	8	8	8	14	14	14	14	14	14	14
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	-1,999	-2,196	-2,391	-2,494	-2,532	-2,597	-2,722	-2,772	-2,799	-2,771	-2,747	-2,559	-2,236	-2,407	-2,292
Total Assets	3,482	3,511	3,643	3,770	3,756	3,773	3,840	3,919	4,004	3,923	3,783	3,717	3,550	3,541	3,437
+ Payables & Accruals	44	60	64	67	77	73	79	94	78	66	66	87	92	87	83
+ Accounts Payable	15	20	19	20	24	24	24	37	30	23	24	29	26	21	23
+ Accrued Taxes	29	41	45	46	52	49	55	57	49	43	42	58	66	66	60
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	-44	-60	-64	-67	-77	-73	-79	-94	-78	-66	-66	-87	-92	-87	-102
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-44	-60	-64	-67	-77	-73	-79	-94	-78	-66	-66	-87	-92	-87	-102
Total Current Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Debt	122	112	102	92	32	32	20	20	18	40	17	196	6	4	20
+ LT Borrowings	122	112	102	92	32	32	20	20	- -	20	- -	182	- -	- -	16
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	18	20	17	14	6	4	4
+ Other LT Liabilities	-122	-112	-102	-92	-32	-32	-20	-20	-18	-40	-17	-196	-6	-4	-20
+ Accrued Liabilities	366	281	249	207	190	175	164	150	140	141	122	106	99	94	88
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	-488	-393	-351	-299	-222	-207	-184	-170	-158	-181	-139	-302	-105	-98	-108
Total Noncurrent Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Liabilities	3,020	2,972	3,075	3,083	2,995	2,933	2,892	2,901	2,838	2,710	2,570	2,772	2,536	2,473	2,481
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	320	327	339	347	358	373	382	389	397	405	411	415	420	425	428
+ Common Stock	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
+ Additional Paid in Capital	319	326	338	347	357	372	381	389	396	404	411	415	420	424	428
- Treasury Stock	321	363	363	363	363	384	384	388	455	555	597	628	705	746	934
+ Retained Earnings	346	446	502	595	682	777	842	1,031	1,159	1,248	1,338	1,296	1,384	1,473	1,454
+ Other Equity	117	130	90	107	84	74	107	-14	65	115	61	-139	-86	-82	7
Equity Before Minority Interest	462	539	569	687	761	841	948	1,018	1,166	1,213	1,213	944	1,014	1,069	956
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	462	539	569	687	761	841	948	1,018	1,166	1,213	1,213	944	1,014	1,069	956
Total Liabilities & Equity	3,482	3,511	3,643	3,770	3,756	3,773	3,840	3,919	4,004	3,923	3,783	3,717	3,550	3,541	3,437
Shares Outstanding	33	31	31	31	32	32	33	33	31	29	28	27	25	25	20
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	18	20	17	14	6	4	4
Net Debt	-130	-29	67	-12	-25	-35	-53	-81	-155	-140	-75	93	-226	-68	-125
Net Debt to Equity	-28.2	-5.31	11.87	-1.69	-3.23	-4.19	-5.62	-7.99	-13.29	-11.58	-6.19	9.88	-22.33	-6.39	-13.06
Tangible Common Equity Ratio	12.06	14.22	14.53	17.23	19.3	21.35	23.8	25.14	28.22	30.03	31.16	24.39	27.54	29.18	26.75
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cash Flow Statement (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

+ Net Income	49	107	64	101	94	107	101	141	157	120	119	48	118	119	11
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Non-Cash Items	-7	3	1	6	34	29	52	48	-14	12	-8	67	21	3	38
+ Stock-Based Compensation	4	6	6	6	5	6	7	9	10	10	9	5	6	6	5
+ Deferred Income Taxes	-2	-11	-11	- -	-6	13	24	14	6	-13	7	-17	5	4	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	8	- -	- -	1	1	- -	4	- -	- -
+ Other Non-Cash Adj	-10	8	6	1	35	10	13	24	-30	15	-25	79	5	-7	32
+ Chg in Non-Cash Work Cap	1	22	102	65	-12	-13	-11	-9	-20	-98	-100	-16	-90	-46	-4
+ (Inc) Dec in Accts Receiv	-29	59	-3	52	32	46	22	30	89	82	8	-32	-41	27	49
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-6	2	2	13	9	-4	-7	19	-8	-4	-2	7	4	3	-6
+ Inc (Dec) in Other	36	-39	103	- -	-52	-54	-26	-58	-101	-177	-106	9	-52	-76	-46
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	42	131	166	172	116	123	142	180	122	33	11	100	49	76	45
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed Prod Assets	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-92	-42	- -	- -	- -	-21	- -	-4	-68	-99	-43	-30	-76	-43	-183
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-92	-42	- -	- -	- -	-21	- -	-4	-68	-99	-43	-30	-76	-43	-183
+ Net Change in LT Investment	194	-180	-255	-72	-98	-82	-105	-109	77	90	2	-144	380	-155	228
+ Dec in LT Investment	432	294	290	336	464	443	533	666	730	1,063	748	749	938	687	1,088
+ Inc in LT Investment	-239	-475	-545	-408	-562	-526	-637	-776	-653	-973	-746	-893	-559	-842	-860
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	-16	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	-16	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	11	-4	-6	-15	-3	-5	-8	-10	-12	-6	-4	-3	-2	-5	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	200	-184	-260	-87	-101	-88	-113	-120	49	84	-2	-146	377	-160	226
+ Dividends Paid	-9	-8	-8	-8	-8	-12	-20	-27	-28	-30	-29	-90	-30	-30	-30
+ Net Cash From Debt	-10	-10	-12	-11	-60	- -	-10	- -	-20	35	- -	- -	- -	- -	35
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	35	27	20	- -	- -	35
+ Repayments of Debt	-10	-10	-12	-11	-60	- -	-10	- -	-20	- -	-27	-20	- -	- -	- -
+ Other Financing Activities	1	1	6	3	6	9	4	-2	-2	-17	-23	181	-184	-2	-1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-110	-58	-13	-16	-62	-24	-26	-33	-118	-112	-94	60	-290	-75	-179
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	132	-112	-106	69	-47	12	4	28	53	5	-85	14	137	-158	92
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow	38	131	166	172	116	123	142	180	122	33	11	100	49	76	45
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	16	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	- -	- -	175	119	124	143	181	123	33	11	103	54	76	45
Free Cash Flow to Equity	28	121	156	161	56	123	132	180	102	68	11	100	49	76	80
Free Cash Flow per Basic Share	1.01	4.17	5.35	5.45	3.63	3.79	4.38	5.48	3.81	1.1	0.38	3.63	1.87	3.05	1.91
Price/Free Cash Flow	14.38	4.97	6.07	4.39	7.64	10.63	10.32	7.76	11.09	29.46	109.58	11.96	21.15	16.89	22.72
Cash Flow to Net Income	0.87	1.23	2.61	1.71	1.23	1.15	1.41	1.28	0.78	0.28	0.09	2.06	0.42	0.64	4.14
Capital Expenditures	-5	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -